-
There are enough drivers supporting the trend for cat bond segment growth that ILS managers are likely to be plugging this business heavily in the short term, even if it is less attractive in fee yield. -
The uplift was helped by the Atropos Catbond fund surpassing $1bn.
-
The real test for cat capacity will come at the mid-year point, according to Gallagher Re.
-
The new higher-rate world brings the threat of some investors staying in a risk-off mentality.
-
The syndicate’s combined ratio was down for the fifth year in a row.
-
The rival Swiss bank did not have an ILS operation.
-
ILS managers have pioneered externally managed rated carriers, but have done so with cost-consciousness in mind.
-
The aim is to launch a casualty ILS product that would enable Saudi investors to access US casualty risk.
-
The casualty ILS fund has been on a hiring spree since its $75mn Series B fundraise in June last year.
-
The division is deploying its own capital to make up for the lack of wider reinsurance and ILS capacity.
-
The ILS expert had joined as a portfolio manager in 2018 from Ontario Teachers’ Pension Plan.
-
The ILS manager said the cat bond sector could double to become a $70bn market in the next three to five years.
